Matt Levine, Columnist

ChatGPT Is Not Much of a Pitch Robot

Also Twitter interest, NYSE glitches, DeWi rug pull, Celsius tokens, and people are worried about stock buybacks when everything is securities fraud.

January 26, 2023 at 2:29 PM EST

By Matt Levine

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

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Programming note: Money Stuff will be off tomorrow, back on Monday.

The stereotype of ChatGPT, Open AI’s publicly available conversational large language model, is that if you ask it a technical question it will give you an answer that is confident and plausible but not necessarily correct. This is of course an incredibly useful skill, and a very good model of a certain sort of human intelligence; ChatGPT seems dangerous as a software engineer but could have a good run as an investment banker.1

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